The Prime Minister held a parliamentary debate following the presentation of the 2027 State Budget proposal. The proposed budget includes a 3.88% update to IRS tax brackets, though opposition parties criticized the government's handling of housing, healthcare, and cost-of-living concerns.
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Both business associations and the CGTP union have criticized the government's proposed State Budget. Employers argue the plan lacks ambition and measures to promote competitiveness, while the union claims it fails to address the country's core social and economic problems.
The Portuguese Business Association (AEP) criticized the 2027 State Budget proposal, arguing that the planned reduction in the tax burden is too small and that measures to support corporate scaling and investment are not ambitious enough. The proposal, which forecasts 2.1% economic growth for 2027, is scheduled for a general vote on October 27-28, with a final global vote on November 24.
The President of the Court of Auditors (Tribunal de Contas) warned that public finance reforms should not reduce external oversight, specifically criticizing a government proposal currently in parliament that would exempt contracts of up to 10 million euros from the court's prior approval (visto prévio). She argued that in a volatile global environment, rigorous external monitoring remains essential to ensure the responsible use of public funds.